Trimble Sees Positive Second Quarter Growth

By | August 2, 2007 | North America, ST Briefs

Trimble reported that its revenue for the second quarter of 2007 was $327.7 million, up approximately 34 percent from revenue of $245.3 million in the same quarter of 2006, when it announced its quarterly earnings figures on July 31.

For the second quarter ending June 29, net income was up approximately 23 percent, to $35.0 million, compared to net income of $28.5 million in the second quarter of 2006.

"Second quarter growth in revenue and profit was strong across all segments with some segments reflecting particularly strong international growth," said Steven W. Berglund, Trimble’s president and CEO.

"The @Road transition continued as planned and produced meaningful earnings for the mobile solutions segment in the quarter,” he added. “Overall market conditions continue to be positive."

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